Budget & Taxes (Property Tax)

passed · Rhode Island · Senate Jun 10, 2026

SB 2450: AN ACT RELATING TO TAXATION -- REAL ESTATE CONVEYANCE TAX

Requires that the tax imposed upon the conveyance of any real property that is located in more than one municipality to be allocated between or among the municipalities in proportions to the assessed value of the property located in each municipality.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates real estate conveyance tax revenue proportionally to municipal assessed values, promoting equitable fiscal management within state tax systems.95% confidence

Sub-Topics Property Tax

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in committee · Rhode Island · House Feb 11, 2026

HB 7701: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

HB 7701 removes state-owned property from the list of assets exempt from local property taxes. This change directly affects state government buildings, offices, and land previously excluded from local tax assessments. The bill amends Section 44-3-3 of Rhode Island's tax code by deleting the exemption for "property belonging to the state" from the list of tax-exempt properties. As a result, state-owned properties will now be subject to local property tax payments, aligning them with other non-exempt properties in the community. This is a direct policy change to tax treatment, not a procedural or commemorative measure.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill removes state-owned property exemption from local property taxes, expanding tax base and increasing local revenue. Closes tax loophole, aligning with fiscal responsibility and broadening tax coverage.95% confidence

Sub-Topics Property Tax Sales Tax

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died · Rhode Island · House Apr 28, 2026

HB 7581: AN ACT RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX RELIEF ACT

HB 7581 creates new state funding streams for specific education needs in Rhode Island school districts. It provides direct funding for special education costs exceeding 4x the core foundation amount, career and technical education program setup/maintenance, voluntary pre-K access, and transportation costs for students in regional districts or out-of-district non-public schools. The bill also establishes stabilization funds for Central Falls, Davies, and the Met Center schools, and offers regional school districts a two-year bonus (2% then 1% of state aid) for regionalization. School districts seeking reimbursement must share costs if total requests exceed available funds, with the Department of Education prorating allocations annually. This bill primarily affects public school districts, special education programs, and regional education entities across Rhode Island.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new state funding streams for education programs including special ed, career training, and pre-K, directly increasing public service funding.95% confidence ✓ EducationSupports EducationCreates new state funding streams for special education, career/tech programs, pre-K access, transportation, and stabilization funds for specific schools.95% confidence ✓ TransportationSupports TransportationBill explicitly allocates funds for 'transportation costs for students in regional districts' as part of education funding, directly supporting transportation services within its scope.90% confidence

Sub-Topics Property Tax Early Childhood School Funding Special Education

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in committee · Rhode Island · House Feb 27, 2026

HB 8158: AN ACT RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX RELIEF ACT

HB 8158, titled "The Education Equity and Property Tax Relief Act," requires the Department of Elementary and Secondary Education to review how funding formulas calculate aid for high-need students. This review focuses on the specific components used to determine support levels, aiming to ensure equitable resource allocation. The bill directly affects the state education department and the students designated as high-need under current funding formulas. As referenced in its title, the bill connects to broader education equity efforts, though its core mechanism is the mandated formula review process. The bill was introduced on February 27, 2026, and referred to the House Finance Committee.

Topics ✓ Budget & TaxesSupports Budget & TaxesExplicitly titled 'Property Tax Relief Act' providing tax relief to homeowners, directly aligning with support indicators for tax relief measures.95% confidence ✓ EducationSupports EducationBill mandates review of funding formulas to ensure equitable resource allocation for high-need students, advancing educational equity through fairer funding distribution.85% confidence

Sub-Topics Property Tax State Budget School Funding

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died · Rhode Island · House Apr 28, 2026

HB 7681: AN ACT RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX RELIEF ACT

HB 7681, the Education Equity and Property Tax Relief Act, provides direct state funding for specific education costs to support school districts. It covers special education expenses exceeding 4x the base funding, career and technical education program costs (including facilities and equipment), and transportation for students attending out-of-district non-public schools. The bill also establishes stabilization funds for Central Falls, Davies, and the Met Center schools due to financial challenges, and requires the state to fully fund transportation categorical funds for regional school districts starting in fiscal year 2027. Regionalized school districts like Chariho will receive a temporary two-year bonus (2% then 1% of state aid) to encourage regional collaboration.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly provides property tax relief through state funding for education costs, reducing local tax burdens for school districts and residents.95% confidence ✓ EducationSupports EducationProvides direct state funding for special education, CTE programs, and school stabilization, advancing educational access and equity as specified in the bill's summary.95% confidence

Sub-Topics Property Tax School Funding Special Education

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died · Rhode Island · House May 7, 2026

HB 7700: AN ACT RELATING TO TAXATION -- PROPERTY TAX RELIEF

Increases the income range up to fifty thousand dollars ($50,000) and tax credit up to eight hundred fifty dollars ($850), for elderly and disabled persons who own or rent their homes.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit for elderly/disabled homeowners, providing direct tax relief to lower-income groups per bill's summary.95% confidence ✓ HousingSupports HousingIncreases tax credits for elderly/disabled renters/homeowners, reducing housing costs and enhancing affordability for vulnerable groups.95% confidence

Sub-Topics Property Tax Tax Credits Property Taxes Renters

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died · Rhode Island · House Apr 28, 2026

HB 8157: AN ACT RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX RELIEF ACT

HB 8157 changes how the state calculates its contribution to the poverty loss stabilization fund, which supports school districts serving high-poverty communities. It amends the state's share statute to adjust the formula used for determining funding levels. This directly affects school districts in low-income areas that rely on this fund to offset revenue shortfalls. The key provision modifies the calculation method, potentially altering the amount of state aid these districts receive. The bill is currently in the early stages of the legislative process.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill modifies state funding formula for school districts in high-poverty areas, aiming to stabilize aid through 'property tax relief' and adjust poverty loss stabilization fund calculations.85% confidence ✓ EducationSupports EducationAmends funding formula for poverty loss stabilization fund supporting high-poverty school districts, directly addressing equitable education funding to offset revenue shortfalls.85% confidence

Sub-Topics Property Tax School Funding

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died · Rhode Island · Senate May 7, 2026

SB 2682: AN ACT RELATING TO TAXATION -- NON-OWNER OCCUPIED PROPERTY TAX ACT

Provides an exemption for non-insulated, non-winterized property used by the taxpayer, not located in a substandard area, and continuously owned by the taxpayer for twenty-five (25) years.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax exemption for qualifying property, reducing taxpayer burden - direct tax relief under taxation policy95% confidence

Sub-Topics Property Tax

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died · Rhode Island · House Feb 11, 2026

HB 7567: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES -- TAX DEFERRAL PROGRAM

This bill establishes a property tax deferral program for Rhode Island senior citizens (62+), disabled residents (as determined by the Social Security Administration), and disabled veterans (as determined by the Veterans Administration). Eligible homeowners can delay paying property taxes on their primary residence (including manufactured homes) until the property is sold, transferred, or upon the death of all owners, with 6% annual interest added to the deferred amount. The program excludes properties with reverse mortgages or less than 20% equity, and the state will fund it with $2 million annually starting in fiscal year 2027. Local tax collectors must report deferral claims by January 31 each year, and deferred taxes become a lien on the property.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax deferral relief for seniors/disabled, reducing immediate tax burden (explicit tax relief for vulnerable groups).95% confidence ✓ HousingSupports HousingProvides property tax deferral for seniors/disabled homeowners, preventing displacement and supporting housing stability for vulnerable groups.95% confidence ✓ VeteransSupports VeteransBill explicitly includes disabled veterans (VA-determined) in property tax deferral program, providing financial relief as a benefit.95% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes

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died · Rhode Island · House Jan 27, 2026

HB 7299: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

Permits every municipality in the state to offer a homestead tax exemption of up to 20% of assessed value on residential properties, and also provides that municipalities that grant greater exemptions not be limited by this section.

Topics ✓ Budget & TaxesSupports Budget & TaxesPermits homestead tax exemptions up to 20%, reducing property tax burden for homeowners - direct tax relief measure for residential properties.90% confidence ✓ HousingSupports HousingProvides 20% homestead tax exemption for residential properties, reducing owner costs and increasing housing affordability for homeowners.90% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives Property Taxes

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